taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

084/Galveston

084-909/Santa Fe ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,251,482,634 .9596 1,304,171,148 1,251,482,634
B. Multi-Family Residences 10,129,889 N/A 10,129,889 10,129,889
C1. Vacant Lots 46,163,783 N/A 46,163,783 46,163,783
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,840,250 .9673 1,902,478 1,840,250
D2. Real Prop Farm & Ranch 228,650 N/A 228,650 228,650
E. Real Prop NonQual Acres 90,333,052 .9101 99,256,183 90,333,052
F1. Commercial Real 56,738,168 N/A 56,738,168 56,738,168
F2. Industrial Real 2,301,476 N/A 2,301,476 2,301,476
G. Oil, Gas, Minerals 3,909,639 N/A 3,909,639 3,909,639
J. Utilities 33,663,914 N/A 33,663,914 33,663,914
L1. Commercial Personal 42,508,186 N/A 42,508,186 42,508,186
L2. Industrial Personal 4,844,697 N/A 4,844,697 4,844,697
M. Other Personal 12,584,110 N/A 12,584,110 12,584,110
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 694,720 N/A 694,720 694,720
S. Special Inventory 338,630 N/A 338,630 338,630
Subtotal 1,557,761,798 1,619,435,671 1,557,761,798
Less Total Deductions 394,111,128   410,840,945 394,111,128
Total Taxable Value 1,163,650,670 1,208,594,726 1,163,650,670 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,229,761,998 1,163,650,670 1,229,761,998 1,163,650,670


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
66,111,328 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,229,761,998 1,163,650,670 1,229,761,998 1,163,650,670

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified